Strategy turns 1,690 BTC into $108.6M STRC buyback
Strategy sold 1,690 Bitcoin to repurchase STRC shares as its US dollar reserve rose to $4.65 billion and its Bitcoin holdings fell to 840,447 BTC.
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Strategy sold 1,690 Bitcoin to repurchase STRC shares as its US dollar reserve rose to $4.65 billion and its Bitcoin holdings fell to 840,447 BTC.
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Read on CointelegraphRelated market context
Strategy Sells Bitcoin Below Cost Again and Steers $650 Million of Share Sales Into Cash
Strategy sold 1,690 bitcoin for $108.6 million between Aug. 3 and Aug. 9, its second straight week of selling, according to a Form...
Strategy Sells $109M in Bitcoin as Dollar Reserve Tops $4.6B
All of the proceeds went into a $109 million STRC buyback, while the company sold six times as much again in its own stock.
Michael Saylor’s Strategy sells another 1,690 BTC as USD reserve hits $4.65 billion
Strategy's total holdings account for roughly 4% of the 21 million bitcoin supply cap — worth roughly $55 billion.
Strategy sells another 1,690 Bitcoin as USD reserve hits $4.65 billion
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